"This combination of higher costs and higher debt risks restricting capacity for future borrowing" the OECD said in a report ...

Interest payments on domestic debt alone jumped 2.6 times to Sh325.7 billion and accounted for the increase in debt service ...

Kenya and the International Monetary Fund (IMF) will discuss a new lending programme and abandon the current one, as the ...

I voted for the Tax Cuts and Jobs Act in 2017. Lower- and middle-income Americans saw the biggest tax rate cuts. But pandemic ...

Award-winning economist Dawie Roodt said South Africa’s debt is unsustainable and should be considered a ticking time bomb.

Nigeria’s total debt service costs, including external and domestic obligations, rose in the third quarter of 2024, reflecting the combined impact of increased external debt service payments and ...

But despite the heavier debt servicing burden ... in 2025 while P848 billion will be used to settle borrowing costs. To bridge a projected budget deficit of P1.537 trillion, or around 5.3 percent ...

In 2021, debt servicing cost the government N3 trillion, while capital expenditure amounted to N1.9 trillion, resulting in a N1.1 trillion gap. Likewise, in 2020, N2.4 trillion was spent on debt ...

Mr. Ricafort said the expected rate cuts by the US Federal Reserve would “somewhat help reduce external debt servicing costs, going forward.” “But would be offset by [Donald] Trump’s higher US import ...

The proposed municipal and school budgets for fiscal 2026 reflects a nearly 6% increase from this year, but officials say ...

IMF says it has received formal request for new deal Both sides abandon ninth review of current programme Dollar bonds tumble on the news Nairobi is contending with rising debt servicing costs ...